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  Technology   In Other news  19 Feb 2019  Facebook says it is 'open to meaningful regulation'

Facebook says it is 'open to meaningful regulation'

REUTERS
Published : Feb 19, 2019, 12:04 pm IST
Updated : Feb 19, 2019, 12:04 pm IST

Facebook is “not the same company” it was a year ago and had already made substantial changes to its procedures.

“We are open to meaningful regulation and support the committee’s recommendation for electoral law reform,” said Facebook’s public policy manager, Karim Palant. (Photo: AP)
 “We are open to meaningful regulation and support the committee’s recommendation for electoral law reform,” said Facebook’s public policy manager, Karim Palant. (Photo: AP)

Facebook is “open to meaningful regulation”, it said on Monday after British lawmakers said that big technology companies should be subject to a compulsory code of ethics to tackle the spread of fake news and abuse of users’ data.

“We are open to meaningful regulation and support the committee’s recommendation for electoral law reform,” said Facebook’s public policy manager, Karim Palant.

 

He added that Facebook is “not the same company” it was a year ago and had already made substantial changes to its procedures.

Tags: facebook, regulations, data breach